A2Z Cust2Mate Solutions Corp. (AZ) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AZ SEC filings page.
A2Z Cust2Mate Solutions Corp. (AZ) reported $7.9M in revenue for fiscal year 2025, up 47.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The balance sheet expanded through financing, while operating losses and cash consumption worsened despite a partial revenue recovery.
FY2025 revenue recovered, yet operating cash use nearly doubled from the prior year. The$22.9M operating cash use was nearly three times the$7.9M revenue base, showing that added scale had not yet become cash productivity.
Revenue recovered to
Total assets jumped to
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of A2Z Cust2Mate Solutions Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for A2Z Cust2Mate Solutions Corp., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
A2Z Cust2Mate Solutions Corp. had 44M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and A2Z Cust2Mate Solutions Corp. scores 55/100 among other emerging companies.
A2Z Cust2Mate Solutions Corp. spent $9.9M on research and development in fiscal year 2025, which was 22.4% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and A2Z Cust2Mate Solutions Corp. scores 53/100 among other emerging companies.
A2Z Cust2Mate Solutions Corp. reported revenue of $7.9M in fiscal year 2025, against $5.4M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and A2Z Cust2Mate Solutions Corp. scores 34/100 among other emerging companies.
A2Z Cust2Mate Solutions Corp.'s operations used $22.9M of cash in fiscal year 2025, against $11.7M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and A2Z Cust2Mate Solutions Corp. scores 20/100 among other emerging companies.
Not available for A2Z Cust2Mate Solutions Corp., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
A2Z Cust2Mate Solutions Corp. scores 14.36, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $246.5M against total liabilities of $8.7M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
A2Z Cust2Mate Solutions Corp. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
A2Z Cust2Mate Solutions Corp. reported a net loss of $37.7M while operations used $22.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
A2Z Cust2Mate Solutions Corp. reported an operating loss of $36.5M against $1.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
A2Z Cust2Mate Solutions Corp. generated $3.2M in revenue in Q4 2025. This represents an increase of 234.4% from the same quarter a year earlier. Against the prior quarter it is up 108.1%.
A2Z Cust2Mate Solutions Corp.'s EBITDA was -$17.6M in Q4 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
A2Z Cust2Mate Solutions Corp. reported a net loss of $17.5M in Q4 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
A2Z Cust2Mate Solutions Corp. earned -$0.42 per diluted share (EPS) in Q4 2025.
Cash & Balance Sheet
A2Z Cust2Mate Solutions Corp. recorded an outflow of $9.4M in free cash flow in Q4 2025, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
A2Z Cust2Mate Solutions Corp. held $13.5M in cash against $29K in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Margins & Returns
A2Z Cust2Mate Solutions Corp.'s gross margin was -10.2% in Q4 2025, indicating the percentage of revenue retained after direct costs. This is down 91.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 44.2 percentage points.
A2Z Cust2Mate Solutions Corp.'s quarterly ROE was -22.4% in Q4 2025: one quarter's net income over shareholder equity, not annualized. This is up 59.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 20.6 percentage points.
Not shown for Q4 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q4 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
A2Z Cust2Mate Solutions Corp. invested $3.1M in research and development in Q4 2025. This represents an increase of 260.8% from the same quarter a year earlier. Against the prior quarter it is up 98.0%.
A2Z Cust2Mate Solutions Corp. invested $205K in capex in Q4 2025, funding long-term assets and infrastructure. This represents an increase of 540.6% from the same quarter a year earlier. Against the prior quarter it is down 60.0%.
Not reported for Q4 2025.
AZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K | Q1'246-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2M+234.4% | $1.5M-1.6% | $1.2M+1.4% | $2.0M+16.3% | $963K | $1.6M-39.3% | $1.1M-60.0% | $1.7M |
| Cost of Revenue | $3.5M+1915.9% | $1.0M+15.8% | $890K-16.0% | $1.3M-1.6% | $176K | $882K-60.3% | $1.1M-52.3% | $1.4M |
| Gross Profit | -$328K-141.7% | $526K-23.8% | $270K+217.6% | $626K+91.4% | $787K | $690K+87.5% | $85K-86.7% | $327K |
| R&D Expenses | $3.1M+260.8% | $1.6M+99.5% | $3.9M+309.5% | $1.3M+6.2% | $868K | $793K-34.0% | $957K-21.6% | $1.2M |
| Operating Income | -$18.0Mn/m | -$4.1Mn/m | -$6.8Mn/m | -$7.5Mn/m | -$3.4M | -$2.6Mn/m | -$3.1Mn/m | -$3.7M |
| EBITDA | -$17.6Mn/m | -$3.9Mn/m | -$6.7Mn/m | -$7.4Mn/m | -$3.2M | -$2.4Mn/m | -$2.9M | -$3.5M |
| Interest Expense | $1.5M+262.0% | -$116Kn/m | -$223Kn/m | $74K+45.1% | $410K | -$63K | -$62K | $51K |
| Net Income | -$17.5Mn/m | -$1.3Mn/m | -$12.5Mn/m | -$6.4M-3944.9% | -$11.4M | -$3.2Mn/m | -$2.6Mn/m | $167K |
| EPS (Basic) | -$0.42 | -$0.07n/m | -$0.31n/m | -$0.19 | -$0.51n/m | -$0.15n/m | -$0.05n/m | $0.01 |
| EPS (Diluted) | -$0.42 | -$0.07n/m | -$0.31n/m | -$0.19 | -$0.51n/m | -$0.15n/m | -$0.05n/m | $0.01 |
Not reported in any period shown, so not listed: SG&A Expenses, Income Tax, Diluted Shares (Avg).
AZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K | Q1'246-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $85.2M+351.1% | $81.9M+706.9% | $46.1M+538.6% | $42.2M+522.3% | $18.9M+121.6% | $10.2M | $7.2M-51.1% | $6.8M |
| Current Assets | $79.4M+363.5% | $78.0M+1077.4% | $42.6M+1096.2% | $38.8M | $17.1M+262.1% | $6.6M | $3.6M-62.1% | N/A |
| Cash & Equivalents | $13.5M0.0% | $43.2M+1157.2% | $28.5M+4257.0% | $24.2M+4939.8% | $13.5M+496.6% | $3.4M+107.4% | $653K-88.5% | $480K |
| Inventory | $3.9M+388.8% | $4.4M+1112.7% | $3.4M+1307.5% | $781K | $796K+218.4% | $361K | $241K-61.2% | N/A |
| Accounts Receivable | $2.9M+405.5% | $1.5M+177.1% | $1.4M+83.0% | $849K | $581K-12.0% | $541K | $757K-51.7% | N/A |
| Goodwill | $637K | N/A | N/A | N/A | N/A | $1.8M | $1.8M+50.5% | N/A |
| Total Liabilities | $8.7M+75.9% | $10.7M+143.6% | $14.6M+813.9% | $10.8M+41.5% | $5.0M-17.6% | $4.4M | $1.6M-88.1% | $7.7M |
| Current Liabilities | $7.0M | $9.1M | $13.0M | $9.1M | N/A | N/A | N/A | N/A |
| Non-Current Liabilities | $1.8M+260.3% | $1.6M+19.4% | $1.6M+104.4% | $1.8M | $496K-90.5% | $1.3M | $791K-90.7% | N/A |
| Long-Term Debt | $29K-73.1% | $30K-77.9% | $32K-75.9% | $98K | $108K-52.6% | $136K | $133K-54.0% | N/A |
| Total Equity | $78.0M+460.6% | $72.6M+1155.6% | $32.7M+482.0% | $32.5Mn/m | $13.9M+458.8% | $5.8Mn/m | $5.6M+26.1% | -$884K |
| Retained Earnings | -$138.2Mn/m | -$120.7Mn/m | -$119.4Mn/m | -$106.9M | -$100.5Mn/m | -$89.1M | -$85.9Mn/m | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
AZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K | Q1'246-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$9.2Mn/m | -$4.0Mn/m | -$5.9Mn/m | -$3.8Mn/m | -$3.4Mn/m | -$658Kn/m | -$3.7M | -$3.9M |
| Depreciation & Amortization | $376K+79.0% | $165K-21.1% | $123K-50.4% | $151K-22.6% | $210K-9.9% | $209K-15.4% | $248K | $195K |
| Capital Expenditures | -$205K+540.6% | $512K+582.7% | $99K+4850.0% | $46K+48.4% | $32K+88.2% | $75K+120.6% | $2K | $31K |
| Free Cash Flow | -$9.4Mn/m | -$4.5Mn/m | -$6.0Mn/m | -$3.9Mn/m | -$3.5Mn/m | -$733Kn/m | -$3.7M | -$3.9M |
| Investing Cash Flow | -$28.7Mn/m | -$20.2Mn/m | $2.6Mn/m | -$10.7Mn/m | -$161Kn/m | -$75Kn/m | -$2K | -$31K |
| Financing Cash Flow | $6.8M-45.9% | $42.4M+873.2% | $6.3M+71.1% | $25.7M+1121.5% | $12.6M+384.9% | $4.4Mn/m | $3.7M | $2.1M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
AZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K | Q1'246-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -10.2%-91.9pp | 34.0%-9.9pp | 23.3%+15.8pp | 31.7%+12.4pp | 81.7% | 43.9%+29.7pp | 7.4%-14.9pp | 19.3% |
| Operating Margin | -559.6% | -265.9% | -585.9% | -381.4% | -352.4% | -167.1% | -272.1% | -219.3% |
| Net Margin | -543.3% | -84.4% | -1078.9% | -325.3% | -1181.5% | -204.5% | -224.7% | 9.8% |
| Return on Equity | -22.4%+59.4pp | -1.8%+53.8pp | -38.2%+7.5pp | -19.8% | -81.8% | -55.6% | -45.7%+110.5pp | N/A |
| Return on Assets | -20.5%+39.7pp | -1.6%+30.1pp | -27.2%+8.4pp | -15.2%-17.7pp | -60.3% | -31.7% | -35.6%+11.6pp | 2.5% |
| Current Ratio | 11.42 | 8.57 | 3.29 | 4.28 | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 | 0.01-0.1x | 0.02 | 0.020.0x | N/A |
| Liabilities-to-Equity | 0.11-0.2x | 0.15-0.6x | 0.45+0.2x | 0.33 | 0.36-2.1x | 0.76 | 0.28-2.7x | N/A |
| Asset Turnover | 0.040.0x | 0.02-0.1x | 0.03-0.1x | 0.05-0.2x | 0.05 | 0.15 | 0.160.0x | 0.25 |
| FCF Margin | -292.5% | -292.1% | -515.1% | -195.4% | -358.9% | -46.6% | -326.0% | -231.7% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| A2Z Cust2Mate Solutions Corp. AZ | FY2025 | $7.9M | -$37.7M | N/A | $246.5M | 41/100 |
| ReposiTrak, Inc. TRAK | FY2026 | $23.3M | $7.6M | 32.5% | $133.2M | 85/100 |
| Blaize Holdings, Inc. BZAI | FY2025 | $38.6M | -$206.9M | N/A | $34.7M | 37/100 |
| Materialise NV MTLS | FY2024 | $276.1M | $13.9M | 5.0% | $494.8M | 50/100 |
| 8x8, Inc. EGHT | FY2026 | $735.8M | $1.6M | 0.2% | $307.6M | 32/100 |
| CS Disco, Inc. LAW | FY2025 | $156.8M | -$44.4M | -28.3% | $325.2M | 67/100 |
Where A2Z Cust2Mate Solutions Corp. Ranks
Frequently Asked Questions
What is A2Z Cust2Mate Solutions Corp.'s annual revenue?
A2Z Cust2Mate Solutions Corp. (AZ) reported $7.9M in total revenue for fiscal year 2025. This represents a 47.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is A2Z Cust2Mate Solutions Corp.'s revenue growing?
A2Z Cust2Mate Solutions Corp. (AZ) revenue grew by 47.0% year-over-year, from $5.4M to $7.9M in fiscal year 2025.
Is A2Z Cust2Mate Solutions Corp. profitable?
No, A2Z Cust2Mate Solutions Corp. (AZ) reported a net loss of $37.7M in fiscal year 2025.
What is A2Z Cust2Mate Solutions Corp.'s EBITDA?
A2Z Cust2Mate Solutions Corp. (AZ) had EBITDA of -$35.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does A2Z Cust2Mate Solutions Corp. have?
As of fiscal year 2025, A2Z Cust2Mate Solutions Corp. (AZ) had $13.5M in cash and equivalents against $29K in long-term debt.
What is A2Z Cust2Mate Solutions Corp.'s gross margin?
A2Z Cust2Mate Solutions Corp. (AZ) had a gross margin of 13.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is A2Z Cust2Mate Solutions Corp.'s return on equity (ROE)?
A2Z Cust2Mate Solutions Corp. (AZ) has a return on equity of -48.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is A2Z Cust2Mate Solutions Corp.'s free cash flow?
A2Z Cust2Mate Solutions Corp. (AZ) recorded an outflow of $23.4M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is A2Z Cust2Mate Solutions Corp.'s operating cash flow?
A2Z Cust2Mate Solutions Corp. (AZ) recorded an outflow of $22.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are A2Z Cust2Mate Solutions Corp.'s total assets?
A2Z Cust2Mate Solutions Corp. (AZ) had $85.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are A2Z Cust2Mate Solutions Corp.'s capital expenditures?
A2Z Cust2Mate Solutions Corp. (AZ) invested $452K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does A2Z Cust2Mate Solutions Corp. spend on research and development?
A2Z Cust2Mate Solutions Corp. (AZ) invested $9.9M in research and development during fiscal year 2025.
What is A2Z Cust2Mate Solutions Corp.'s current ratio?
A2Z Cust2Mate Solutions Corp. (AZ) had a current ratio of 11.42 as of fiscal year 2025, which is generally considered healthy.
What is A2Z Cust2Mate Solutions Corp.'s debt-to-equity ratio?
A2Z Cust2Mate Solutions Corp. (AZ) had a debt-to-equity ratio of 0.00 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is A2Z Cust2Mate Solutions Corp.'s liabilities-to-equity ratio?
A2Z Cust2Mate Solutions Corp. (AZ) had a liabilities-to-equity ratio of 0.11 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is A2Z Cust2Mate Solutions Corp.'s return on assets (ROA)?
A2Z Cust2Mate Solutions Corp. (AZ) had a return on assets of -44.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is A2Z Cust2Mate Solutions Corp.'s P/E ratio?
A2Z Cust2Mate Solutions Corp. (AZ) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $246.5M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is A2Z Cust2Mate Solutions Corp.'s price-to-sales ratio?
A2Z Cust2Mate Solutions Corp. (AZ) trades at 31.2x sales, its market capitalization divided by $7.9M revenue, FY2025. The market capitalization is $246.5M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is A2Z Cust2Mate Solutions Corp.'s Altman Z-Score?
A2Z Cust2Mate Solutions Corp. (AZ) has an Altman Z-Score of 14.36, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is A2Z Cust2Mate Solutions Corp.'s Piotroski F-Score?
A2Z Cust2Mate Solutions Corp. (AZ) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are A2Z Cust2Mate Solutions Corp.'s earnings high quality?
A2Z Cust2Mate Solutions Corp. (AZ) reported a net loss of $37.7M while operations used $22.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can A2Z Cust2Mate Solutions Corp. cover its interest payments?
A2Z Cust2Mate Solutions Corp. (AZ) reported an operating loss of $36.5M against $1.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is A2Z Cust2Mate Solutions Corp.?
A2Z Cust2Mate Solutions Corp. (AZ) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For A2Z Cust2Mate Solutions Corp. it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.